The soybean oil distribution in Saudi Arabia is projected to increase steadily from 2024 to 2028. In 2023, the distribution stood at 175.0 thousand metric tons. The year-on-year percentage variations show a growth trend, with a 3.4% increase from 2024 to 2025, 2.7% from 2025 to 2026, 2.1% from 2026 to 2027, and 1.5% from 2027 to 2028. The CAGR over the five-year forecast period (2024-2028) is approximately 2.4% per year.
Future trends to watch for include potential impacts of global trade policies, shifts in domestic agricultural policies, technological advancements in oil extraction, and evolving dietary preferences towards healthier oil options. Monitoring these factors will be essential for anticipating changes in soybean oil distribution in Saudi Arabia.
